ThabangBangstarMolefe

DOLLAR STILL UNDER PRESSURE

Short
TVC:DXY   U.S. Dollar Index
DXY chart has created a wedge which will soon look to break with some volatility lurking around corner with economic data in the form of Q3 GDP data as well as initial jobless claims later today. Tomorrow we're anticipating CORE PCE Price index data with could disappoint with inflation easing. Waiting for the release of GDP data then will look to short DXY depending on the results.

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